PYPL34 trade ideas
PYPL: The Pain Isn't Over By A Long ShotPYPL has been a huge disappointment since the end of Q3 '21. Old tech, no innovation, and other payment companies starting to make it look like a boomer stock.
Looking at swinging this short to AT LEAST the 138.96 gap going into the end of the month. The pain is not over if you're a PYPL bull. Possible 108.45 by end of January if market has a taper tantrum and rates increase.
PAYPAL DOWNISDE TARGET WAVE 4 ENDED LOOK FOR 162/154 PYPL seems to finally ending its abcde 4th wave triangle I been waiting to see unfold .We should see new lows and I hope it is on heavy vol to end its declining wave structure most fib relationships are in the 162 to 154 area do not catch this falling knife yet .
#PayPal bouncing on weekly supportPYPL Is looking forward to a strong recovery. We had a nice bounce of the weekly support. A potential gap-fill to the upside is in the play.
PayPal is a strong company with good fundamentals. I believe the current price is not fare and we should visit $200+ channel soon.
I am planning to add to my long position as soon as we break the local downtrend and add more on retest of the same downtrend.
PayPal expectations for 2022PYPL (PayPal) is at the bottom of monthly correction and from here I expect it to bounce to at least 0.382 fib, or even to 0.5 fib.
However I expect it to go sideways till at least February 10 to complete a small monthly candle.
We can expect turnaround in February-March, but we will see how support holds the price.
The best entry will be at trendline breakout, which hasn't formed yet.
This analysis is more like a discussion/possible prediction, there's no entry at the moment, but there's definitely a possibility in the future.
PYPL, 2 Hrs NASDAQ:PYPL . PYPL, 2 Hrs Crab Harmonic
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Hourly Chart = Min 1 Month, Hold 3-5 Days
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I am not a financial /investment advisor. All information I am sharing here is for entertainment purposes only and should not be considered personal investment advice. While the information provided is accurate, it may include errors or inaccuracies. Please, do your diligence when it comes to investing or trading in the market. You are responsible on your choice. Thank you